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Dore Copper Announces Up to $4.62 Million Non-Brokered Private Placement of Common Shares and Flow-Through Shares

Provided By GlobeNewswire

Last update: Sep 4, 2024

Not for distribution to United States news wire services or for dissemination in the United States

TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Doré Copper Mining Corp. (the "Corporation" or "Doré Copper") (TSXV:DCMC; OTCQB:DRCMF; FRA:DCM) is pleased to announce a non-brokered private placement offering of: (i) up to 20,952,381 common shares in the capital of the Corporation (the "Common Shares") at a price of $0.105 per Common Share for gross proceeds of up to $2,200,000; (ii) up to 960,000 common shares in the capital of the Corporation that will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec) (the "Traditional Flow-Through Shares") at a price of $0.125 per Traditional Flow-Through Share for gross proceeds of up to $120,000; and (iii) up to 11,500,000 common shares in the capital of the Corporation that will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec) (the "Charitable Flow-Through Shares" and together with the Traditional Flow-Through Shares, the "Flow-Through Shares") at a price of $0.20 per Charitable Flow-Through Share for gross proceeds of up to $2,300,000, for aggregate gross proceeds to the Corporation of up to $4,620,000 (collectively, the "Offering").

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